Cycles still appear to be in gear to the upside in the context of a 10-12 month cycle xxxxxxx with a bit more xxxxxxxxxx. The…
They stopped the bleeding just in time to prevent an ugly pattern from developing. But the patient isn’t out of the woods yet. Non-subscribers click…
The T-bill paydown announcements are not only coming fast and furious, they’re getting bigger. When it comes to June estimated tax receipts, the US Treasury must like the way they look.
Once they put that $68 billion coupon issue to bed on Monday…
I recognized at the end of May that there would probably be no June swoon. There are still more than two weeks left in the month, but so far, so good. The 5 hour bar chart of the ES shows an orderly bull move that still appears to have some juice.
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The market relentlessly pounds away at etching new highs in the stone overhead. Meanwhile the FOMCircus has come to town. We await ringmaster’s Jay’s Wall Street media freak show main event at 2:30 PM. What a bunch of clowns and ass kissing turds. I…
It’s a yawn not only because it’s boring, but because it’s another bullish setup. Bears need ES below 5339 at the NY open and/or below 5325 to have any semblance of any shot of any chance, of getting even a short term reversal out of this deadly dull m…
List performance was poor last week despite being overwhelmingly long, consistent with the market. It might just be a matter of requiring a little patience,…
The cycle setup is bullish for a few more weeks. That’s consistent with bullish liquidity over the same period. Here are the resistance levels and…
Today’s selloff creates the potential for the development of an ugly top pattern if… Non-subscribers click here for access. Subscribers, click here to download the…
Withholding tax collections boomed in May. Consequently, the US Treasury is flush with cash. This means that T-bill paydowns are likely to hit my previous…